Latest Cudos news

  • Cudos' Mainnet Launch: Key Milestone For Cloud And Blockchain

    The highly anticipated Cudos mainnet is now live! The United Kingdom-based decentralised computing network unites cloud computing and blockchain in an open, multi-layered ecosystem that promises to power the deployment of dApps on a fully decentralised computing architecture. Cudos, a potentially disruptive project, aims to go beyond peer-peer file storage by globally recycling dormant computing hardware and providing environmentally-friendly cloud resources as a service over a blockchain. The Cudos ecosystem envisions a scalable platform driving the creation and deployment of diverse Web3 solutions by combining a highly secure blockchain with globally distributed computing hardware to address present and future technological and environmental concerns. A striking criticism of the broader Web3 industry has been its reliance on centralised entities for data storage, with critics highlighting some of the potential risks such as insecurity and unreliability of centralised hubs. Cudos proposes to solve this problem by distributing computing resources that blockchains can reliably leverage to supplement on-chain transactions. Commenting on the launch, CEO Matt Hawkins stated, “The release of the mainnet ushers in a new era for our network and the blockchain and cloud sectors as it sets the underlying architecture for deploying decentralised applications, non-fungible tokens, decentralised financial instruments, and the metaverse on a potentially expansive cloud infrastructure. The support of our community has been immense from the get-go, and we are delighted to achieve this critical milestone in the Cudo journey collectively. Developers and users may now employ Cudos for scalable and affordable decentralised solutions and contribute to the network's growth and success.”. A network of alliances Some of Cudos’ most important partnerships over the past few months include a massive link-up with Tingo Holdings to tackle poverty by enabling compute monetisation in Africa. Earlier in November, Cudos teamed up with LDN UTD to deliver expanded access to gaming for people around the world. These and other successes were further bolstered by a strategic partnership with ChainLayer, a major Validator-as-a-service provider whose equity stake at Cudos enabled access to technical support and expertise. By mid-December, the network had secured another crucial partnership with Glitter Finance, allowing a potential Cudos-Algorand integration. A tripartite alliance with GOATi and AMD brought compute monetisation to gamers in a first-of-its-kind set-up for blockchain gaming. The partnership rewarded players for providing spare compute capacities when idle. This demonstrated Cudos’ utility beyond the blockchain space. Related: Cudos’ ever-expanding network of partnerships and alliances "I’m thrilled to see the Cudos Network go live, and I’m already looking forward to watching the ecosystem build-out with our partners over the next few months and beyond as we open up on-chain compute functionality. CUDOS holders can now migrate over to the native chain and contribute to the network's security by delegating their staked tokens to one of our numerous Validators and exploring the entire Cosmos ecosystem via IBC. Congratulations to the Cudos team for pulling this off and our wider community for encouraging our development and supporting with the testnet the past few months as we finalised the code for mainnet launch", says Ethan Illingworth, Cudos’ Blockchain Product Manager. Future roadmap A Cosmos-based chain governed by a delegated proof-of-stake (dPOS) model, Cudos aims to launch its computing platform in Q3 2022. Integrated with its blockchain, this would serve as the infrastructure backbone for a broad spectrum of Web3 solutions ranging from DeFi bridges to tooling support applications and metaverse-enabling architecture. Cudos will be used to build and support a plethora of decentralised applications. The network will facilitate the development process by providing developers with user-friendly tools and accessible documentation repositories. Cudonians will ultimately benefit from a robust ecosystem that combines a Layer 1 network capable of supporting all of the dApps listed above with a Layer 2 compute infrastructure. The latter will provide cloud computing resources to Cudos and other blockchains that can benefit from high-performance computing to supplement on-chain transactions. The ecosystem, fuelled by the CUDOS token, will profit from the compute layer's widespread adoption and utility. Related: Exploring the 2022 Cudos roadmap Learn more and join now! About Cudos Cudos is powering the metaverse bringing together DeFi, nonfungible tokens and gaming experiences to realize the vision of a decentralized Web3, allowing all users to benefit from the growth of the network. It’s an interoperable, open platform launchpad that will provide the infrastructure required to meet the thousand-fold higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a layer-1 blockchain and layer-2 community-governed compute network designed to ensure decentralized, permissionless access to high-performance computing at scale. Its native utility token CUDOS is the lifeblood of the network and offers an attractive annual yield and liquidity for stakers and token holders. For more: Website, Twitter, Telegram, YouTube, Podcast, Discord, Medium © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cudos Invites Terra Blockchain Developers To Build dApps On Its Platform

    The collapse of the Luna and UST, cryptocurrencies linked to the Terra blockchain, has sent shockwaves in the crypto-verse and the developer community. Terra was home to many innovative decentralised applications, envisioned and realised by their talented developers.  With the unfortunate turn of events recently, these developers and their promising projects are stuck in limbo. They are now looking to migrate to a blockchain that shares their long term vision to deploy their dApps. The decentralised cloud computing platform, Cudos, is offering support and long-term stability to the developers and the community looking to start afresh.  The Cudos team offered sympathy and tweeted its support inviting Terra developers, and showing them hope during this challenging period. https://twitter.com/CUDOS_/status/1527696919530725376 From the onset, Cudos is a community-driven, developer-centric project. 22,000 developers expressing interest in the first phase of its incentivised testnet, Project Artemis, in Q4 2021 is a testament to the developer community's trust in its decentralised vision. These developers continue contributing to the network as they march towards its mainnet launch in June. The launch will pave the path to its blockchain becoming limitless, empowering the developers to create innovative apps to power Web3.  Why is Cudos inviting Terra builders? Part of the Cosmos ecosystem Developers enthused with the Terra blockchain because of the Cosmos ecosystem's features have the chance to fulfil their vision with the Cudos blockchain as the bedrock infrastructure remains the same.  Cudos is a compatible fit for Terra builders familiar with the Cosmos ecosystem as both are built on the Cosmos SDK. Interoperability is at the heart of its blockchain, enabling integration with many solutions that employ the Inter Blockchain Communication (IBC) protocol and its Gravity Bridge integration.  Related: 5 reasons why developers are building on Cudos Seamless integration  Developers that were part of the Terra blockchain can smoothly transition to Cudos. Given their familiarity with the Cosmos ecosystem’s documentation, Rust/CosmWasm smart contracts, language modules, and tools, it's easy to switch over. The dApps will simply migrate to Cudos with zero change to their smart contracts, and developers will continue their same access to the Cosmos ecosystem.  What makes the Cudos blockchain unique?  Scale dApps with Compute: Developers fresh from the Terra blockchain crisis are looking for stability and longevity in the new blockchain they would migrate to. A project like Cudos could be their new home as its decentralised, scalable cloud computing offering has a real-world utility. As the demand for computing resources keeps increasing yearly, Cudos and its strategic partnerships have a solid, long-term vision of powering the metaverse and Web3.  The ultimate goal of the Cudos blockchain is to converge with its compute platform. This convergence will lay the foundations for cost-effective and sustainable computing. As a result, developers would benefit from dApps scalability, relying on the computing capabilities of the Cudos decentralised network. NFT support: Cudos became the first network to run NFTs on Cosmos natively. This feature is significant to the developers working on NFT dApps as they benefit from accelerated development and cheaper transactions. Tools to innovate: Developers can also benefit from the Cudos Blast toolset, which Cudos’ dev team has built to facilitate development within Cudos and beyond its ecosystem.     Cudos would be allocating resources to migrate the Terra projects seamlessly and welcome talented developers to its platform. In addition, it is formulating grants for supporting the Terra builders during this tumultuous period. Terra developers seeking assistance are encouraged to contact Cudos via Discord messaging, blockchainjeff#0708 and Cudo_Ollie#1207.  About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. Learn more:  Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Become A Cudos Ambassador, Earn Up To $2,000 A Month

    We are progressing towards our mainnet launch in June and are overwhelmed with the support we have been receiving from the community since our incentivised private testnet, Project Artemis.  Our engaged, close-knit community shows that Cudos is considered a promising and reliable ecosystem in the blockchain space. Therefore, it is now time to take our association to the next level - we would like to invite you to be our ambassador! Related: 5 reasons why developers are building on Cudos Ever since we announced our ambassador program across our social pages, we have received many applications from our community members worldwide. Of course, we aren’t surprised as there are many perks to being an ambassador - you interact and work closely with our team, connect with like-minded crypto enthusiasts in the community, become the voice of our project, and be part of our growing tribe. But that’s not all; you can earn incentives of up to $2,000 for being a Cudos ranger. Related: The exciting journey from a Cudos ambassador to a full-time product owner  About the Cudos Ambassador program At Cudos, it is all about the community. And our community members are our messengers in taking our technology, brand, and global communities to a whole new level.  We welcome you to be a crucial part of our journey and become a key contributor to the Cudos ecosystem. Be the empowered voice of the Cudos community, a Cudos Ranger! Related: Earn passive income in times of inflation from your hardware Rewards and Benefits As a Cudos Ranger, you’ll be entitled to various benefits, rewards, access to exclusive Ranger channels and more! Earn up to $2000 in Cudos monthly while contributing to the growth and strength of the community. Rewards are based on the quantity and quality of your work. *Please note: Price and trading-related content is not eligible for rewards.* Ranger Types The Cudos ranger has to be passionate about blockchain and the Cudos project. You believe in our decentralised vision of building the future of Web3. Your role would be to amplify news, events, and announcements the network releases for the community.  Depending on your area of interest and inclination, you could choose to join any one of our programs:  Developer Ranger: Supports and cultivates the developer community Security Ranger: Seeks out fraudulent profiles and websites and reports them to the community and channel admins. Your job is to keep our community safe! Social Ranger: If social media is your strength, join us to support Cudos social channels, host, and moderate external and internal communities. Creative Ranger: Creates graphics/memes/videos/blogs to educate the masses and boost the Cudos brand profile. Omni Ranger: A ranger who consistently demonstrates all the ranger types' abilities for six months. ($500 bonus for Omni Rangers) Join us If you are passionate about blockchain and decentralisation, we need your help to build the foundation of Web3. Join us to advance our vision for building a decentralised, sustainable, and connected world.   Become a Cudos ambassador and start earning rewards! About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. For more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • KamPay Launches Coding Africa To Empower Youth With Coding Skills In Collaboration With Cudos

    KamPay proudly announces today the launch of our new project, Coding Africa. In the past few months, we have been working on developing a learning platform to equip the African youth with coding and tech knowledge, empowering them with more and better options for their future.  Our first product is a gamified program, developed in collaboration with Sharkcoders, a network of Coding Schools based in Portugal, that teaches children as young as 5 about the building blocks of programming and coding. As they level up, tasks get more complex, and they earn financial rewards in KamPay tokens - so they are exposed to crypto and blockchain technology early as well. KamPay believes that knowledge is the only way to enact change sustainably, so our learn-to-earn design was carefully thought out to encourage students to keep investing their time in their learning and encourage them to dedicate themselves to classes. Currently, coding courses are available in three languages, English, Portuguese and French, so it can spark the interest of local children in different African countries, making sure that the program adapts to their needs and resonates with their culture and surroundings. Our aim for Coding Africa is to provide a creative approach that can attract and encourage African kids and teens to engage in tech-related fields. The methodologies are based on storytelling and gaming strategies that will make the learning process fun and interactive. Children in K1 - K4 can already join the program, and our team is working to make Coding Africa available for other groups, embracing young learners from K5 to K12 as well. As KamPay values accessibility and simplicity, our platform is intuitive and will soon be available in a mobile version to facilitate access and amplify the reach of our project. This May, our journey begins with our launch event at Loveworld International School in Nungua, Ghana. We have organised a Coding Day where our platform will have its first users, with 200 children having their first opportunity to delve into coding. This event has been made possible with the help of our partners at Cudos, a decentralised cloud computing network that is using the power of blockchain to make computing sustainably cost-effective and empower people and organisations to earn and save through cheaper, accessible computing resources. As well as helping to fund our rollout event, Cudos is supplying Loveworld International School with two laptops for their students to continue to use to further their education. Each piece of equipment will have Cudos technology installed so that whilst not in use, these devices will be able to generate income for the school and minimise the ecological strain modern technology puts on our planet. "We share a devotion for sustainable tech development and economic empowerment of vulnerable communities. That is why we are absolutely thrilled to partner with Kampay to support the Coding Africa program. This revolutionary movement will empower and educate the next generation of young talent in Africa by providing open-source access to blockchain technology and showcase the power it has to change people's lives for the better." commented David Pugh-Jones, Chief Marketing Officer, Cudos. Our team has big plans for this project, and we will soon expand the program to other countries - next up is Zimbabwe. “We are excited to kick off the program with such great partners. The goal is to equip children with the skills of the future and present them with opportunities they wouldn’t otherwise have”, states Dr Chris Cleverly, KamPay’s CEO. Over the coming months, we are looking to expand our programs with additional partnerships with schools and build a network of computer labs inside schools throughout the continent. Throughout Europe, Australasia, and the Americas, children have access to computers and smart devices on a daily basis, so we want to close this gap and give young people in Africa the same sort of access.  Join us in our mission to promote tech literacy in Africa, we would love to hear from you. We believe that collaboration is key to getting our program to as many schools across the continent as quickly as possible. To find out more about how to get involved in the Coding Africa Program through one of our sponsorship or partnership options, please contact our team.’ George Hung - [email protected] Veronica Costas - [email protected] Keep an eye on our channels to stay updated on the Coding Africa project and to see the success of our rollout event in the coming weeks. Instagram: @coding.africa  LinkedIn: Coding Africa Twitter: @coding.africa About Coding Africa Coding Africa is an initiative developed by Kampay that aims to empower young people in Africa to find opportunities in technology (including blockchain) to better their lives and change the world. And by implementing a “Learn to Earn” concept, we will enable students to invest in their abilities and make the most out of their education. Join our Community: Twitter, Instagram, LinkedIn About KamPay KamPay Token is a DeFi stack designed for the wants and needs of Africans, working together with key partnerships across the continent they’re looking to achieve an African economic revolution with low-fee crypto wallet and transactions, internet-less crypto capabilities, earning opportunities for participants, and educational programs for youth. Join our Community Website, Twitter, Telegram, Instagram, YouTube About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs to create fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast  About Sharkcoders Sharkcoders are a European network of Coding Schools, creating games, apps and Robotics for Kids and Teens to learn about technology, programming, game creation, mobile applications and robotics to children and teenagers from 5 to 17 years old, in a playful and fun way. With an exclusive and innovative teaching methodology. Learn more: Website, Twitter, Instagram. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cudos Mainnet And Token Migration Updates

    With the conclusion of our Gravity Bridge audit this week, our mainnet launch preparations gained momentum. The Bridge is a vital component of our Token Migration strategy. It will facilitate the transfer of unstaked CUDOS ERC-20 tokens from Ethereum to our native chain following our mainnet launch. While we continue to evaluate the audit's findings, preliminary assessments provide a positive appraisal, potentially ticking off another significant milestone as we continue our steady march to mainnet, which is slated to go live next month.  Alongside the Gravity Bridge audit, we’ve continued with network-wide tests on the Dress Rehearsal (DR) network, a successful replication of our mainnet environment to enable network testing under post-mainnet conditions. This has helped us flag various issues, which we continue to resolve. Finally, we aim to create a final DR network before the mainnet to thoroughly assess the network’s performance under stress. Here are some of the most critical issues we're tackling currently. Gravity Bridge: With the Bridge audit completed, we had mostly low importance issues with only a handful mid- to high-priority concerns. We are now examining and categorising them and will address them in order of importance.  Network hardfork: The next network hardfork will happen on the public testnet, and we're keeping the current DR network for additional testing. We will have a more precise projection next week regarding the public testnet hardfork, with a target date of later this month. The plan is to have all mainnet dependencies included in this hardfork since it will likely be the final hardfork before we go live. Tokenomics: We'll require an additional network to test the tokenomics with a few Cudos-managed nodes and modifications to the root validator start. This process will need some extra setup, but it is not complicated. Dress Rehearsal: We plan to create a second DR network before the mainnet launch. This will likely occur in early June following the resolution and testing of the issues mentioned above. In addition to these, we continue to resolve various infrastructure-related tasks for the Explorers, Gravity Bridge, and Legacy MultiSig/composite wallets.   Related: Cudos Labs: development update! Token Migration: Once we get closer to the Mainnet launch, we will communicate the new dates for freezing the staking rewards and contract. We’ll also provide new timelines for utilising the address mapping tool. You can follow our weekly developer updates to stay updated with the Cudos Network's progress. You can also follow our social media communities to stay informed on the latest announcements about our mainnet readiness, partnerships, initiatives, and more. In the meantime, go to explorer.cudos.org to learn more about the network or docs.cudos.org to understand how to deploy a smart contract on it. Related: Cudos puts interoperability at the heart of web3 Support our mainnet preparations  You can still join the final phase of our incentivised testnet as a developer and take on our outstanding tasks. The tasks are detailed here. Dive in.  Participating in tasks such as creating smart contracts, deploying the gravity bridge, minting and transferring an NFT, creating content, and more could earn you substantial rewards. Join Cudos’ Discord server  Join Cudos’ Telegram community  Buy CUDOS  Become a Cudos’ ambassador About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. For more: Website, Twitter, Telegram, YouTube, Podcast, Discord, Medium  © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cudos Partners With nuco.cloud To Reduce Wasted Computing

    With a shared vision of sustainability, we strengthen our partnership with cloud services and solution provider nuco.cloud to develop nuco.cloud pro - a platform to harness the spare computing power from professional data centres. nuco.cloud pro is a white label build of Cudo Compute, providing highly scalable computing resources across our global network of hardware located in highly secure and compliant data centres. nuco.cloud pro is designed for large enterprises and professional customers and is packed with additional features and an extra layer of security. “With the Cudos technology, we will be able to offer our customers scalable computing power and cloud services with even higher security requirements and flexibility,” said Tobias Adler, CEO and Founder, nuco.cloud. It is a strategic partnership as Cudo will build the underlying infrastructure layer for nuco.cloud pro and make it a significant consumer of Cudo Compute. The association helps Cudo Compute gain access to newer markets and widens our audience globally. The global Infrastructure as a Service (IaaS) market is expected to grow by $136.21 bn during 2021-2025, progressing at a CAGR of 27%. But even as the demand for cloud computing continues to grow, many computing resources are underutilised. 30% of server capacities sit idle in many data centres. Enterprise organisations spend more than a million dollars a year on cloud computing, but a third of that spending goes to waste.  Related: Cloud computing market to grow 5x by 2030 Cudo Compute and nuco.cloud are aligned in building decentralised and sustainable computing platforms connecting the idle power of millions of hardware devices. The decentralised cloud model benefits the suppliers with an opportunity to earn from their spare compute, and consumers gain access to highly scalable and resilient cloud infrastructure at a lower cost.  With its nuco.cloud pro product, the platform aims to source computing power purely from professional data centres and offer features that include high capacity GPU and CPU computing, global locations, certified and secure data centre environments, and 100% green energy locations.  Cudo Compute launched its alpha version recently, and in line with the release, nuco.cloud pro alpha is being rolled out in the coming weeks for the first proof-of-concept customers to begin testing and provide feedback. The alpha product targets B2B, B2C clients, and the scientific community to support scientific research requiring large computing calculations.  “Our core goal is to make better use of the world's underutilised computing power. We are excited to partner with nuco.cloud as they share the same vision. Our distributed network includes data centres and service providers worldwide and the nuco.cloud pro platform will help us fill that capacity. The partnership helps us make inroads into new markets and allows us to scale and increase the demand levels on Cudo Compute,” Pete Hill, VP of Sales at Cudos, commented.  “Cudos shares many of nuco.cloud's values and have been an essential part of our vision from the beginning, namely sustainable cloud computing and technology used by small and large businesses, to support scientific advancement and other good causes. Nuco.cloud was born from the idea of connecting the unused power of millions of hardware devices. The Cudos collaboration extends the concept to entire data centres with the corresponding flexibility for customers with higher security, scalability and availability,” added Tobias Adler.  Nuco.cloud's goal is to capture a significant share of the fast-growing global cloud computing market and launch several innovative cloud computing products in Q2. They plan to achieve this by offering different products tailored to the diverse needs of individuals and small businesses or large enterprises.  Join our vision Cudo Compute is on a mission to harness spare computing capacity in data centres and other devices to create a decentralised cloud computing solution. You can contribute to the solution by being part of our alpha launch. By participating in our survey, you could be one of three winners to take home £1,000 in compute vouchers (when we launch) and £150 in Amazon vouchers! Complete the survey now! INSERT VIDEO - Cudo Compute: Decentralised cloud computing with blockchain About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs to create fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. For more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast About nuco.cloud Nuco.cloud is a sharing economy platform for network computing based on BOINC (Berkeley Open Infrastructure for Network Computing), created by a team based at Space Science Laboratory in 2002 to support scientific research in need of large computing calculations. In 2022, nuco.cloud received a grant, ‘Digital Now’, a funding program of the German Federal Ministry of Economics and Climate Protection (BMWK), designed to encourage companies to invest more in digital technologies and the qualification of their employees. For more: Website, Twitter, Telegram, YouTube, Discord, Medium,  © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • More Industry Heavyweights And Thought Leaders Join Cudos

    Marching towards its mainnet launch, decentralised blockchain network Cudos is beefing up its team to solidify further its foundation for building the Web 3 infrastructure. The decentralised platform recently released its roadmap for 2022, highlighting key developments within the Cudos network in the coming months. Their concrete plans include developments in NFTs, Web3, and interoperability. More industry heavyweights have joined Cudos to accelerate their pace towards achieving these goals ahead of the mainnet launch.  The founder of Zebu Digital, a Web3 marketing, advertising, and PR startup, Harry Horsfall, joins the advisory board as an NFT Community Specialist. He is a serial entrepreneur with a long track record of founding, scaling and directing cutting edge firms at the forefront of the Web 3.0 and FinTech revolution. With over a decades' experience in the blockchain space, he has launched and continues to work with various NFT projects with a tight focus on community building.  In his role, Harry will bring enormous value to the Cudos ecosystem, advising on NFT marketplaces, projects, communities, metaverses, and more. In addition, he will support developing strategies for community building and help with on-ground partnerships in the space.  Harry’s association with Cudos expands their illustrious advisory board. Current members include Simon Rutter, Former Sony PlayStation Executive VP, James Bowater, the founder of CryptoAM; and Chris Deering, Ex-President of Sony Media Entertainment/Playstation and current advisor to Cudos.  Michael Watkins also joined the decentralised network as Director of Product Management. He brings over 20-years of experience in traditional finance, technology and product. Most recently, Michael led the development of retirement and payment products for the fastest-growing PaaS (platform-as-a-Service) provider in the retirement tech space, Smart Pension. At Cudos, Michael is responsible for defining and communicating the company's product strategy. "My priority is to identify the right problems to solve efficiently and effectively as a business. In addition, I will be helping Cudos shape a compelling and coordinated product vision and strategy across teams and different pillars," he said about his role.  Luke Gniwecki, founder of Metaverski, a Web 3, blockchain, and metaverse consultancy, is the newest member to join the Cudos product team. Luke made a comeback with the blockchain company as he was a part of their initial product team in 2017. He then moved to blockchain research and development company nChain. In his latest role, he was the Head of Product at Boson Protocol, building a product of decentralised commerce in the metaverse and beyond.  At Cudos, Luke will work in coordination with the product development team to investigate the future of Cudo Miner, the cryptocurrency mining software, and explore possibilities in Web3, metaverse, and other market opportunities.  “I am thrilled to be associated with Cudos again and will be instrumental in helping them achieve commercial and strategic goals. The metaverse space presents many interesting opportunities, which I will tap into and recommend the way forward in terms of product strategy for the future of the Cudo Miner platform,” commented Luke.  As our project evolves and expands, so will our team! To be part of our team, check out the roles we’re hiring for and apply on our Team Tailor page. About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. For more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Exploring The 2022 Cudos Roadmap
  • CUDOS Grows Globally With The Highest-Profile Listing To Date On Huobi

    Cudos, the UK-based decentralised cloud and computation network, has announced that its token CUDOS is listing on Huobi Global, one of the world’s largest cryptocurrency exchanges. The CUDOS/USDT pair will be tradeable on Huobi from 30th March 2022. This is the token’s highest-profile listing to date. The Cudos network is a multi-layered blockchain that aims to solve fundamental issues in computation, off-chain data gathering, and cloud services. Its native CUDOS token is critical for its ecosystem’s efficient functioning. Utilising a delegated Proof of Stake (DPoS) consensus model, the token secures the network and enables users to exercise power by voting on governance proposals. “Over the last year, the Cudos network has grown exponentially, demonstrating the enormous demand for environmentally friendly cloud and computation solutions. Our successful testnet, which attracted thousands of developers, is a testament to our community’s immense support and commitment. The Huobi listing is the latest validation of our efforts toward realising our goals and underscores our dedication to expanding global access to CUDOS. As a compute network powering blockchain and cloud by enabling anyone to contribute spare computing capacity, this listing expands our global coverage,” said Matt Hawkins, CEO of the Cudos Network. Empowered by the network’s cost-efficient model, developers will be able to install next-generation smart contracts based on CosmWasm (and eventually Ethereum Virtual Machines (EVMs) via Ethermint), benefitting from the robust security guaranteed by blockchain technology. Cudos achieves this enhanced degree of efficiency and security by utilising a broad community of Validators combined with a resilient node design. As a result, network users trust the various enterprise and developer use cases that can deploy on the platform. Token utility Holders of CUDOS will gain access to wide-ranging benefits from staking on the  Cudos network, liquidity provisioning on DEXes, running Cudos Validator nodes and testing the network’s computing capabilities. The token’s utility is especially appealing to developers, DeFi enthusiasts, organisations and individuals interested in running Validator nodes on Cudos.   Growing ecosystem The rapid growth of the Cudos network in 2021 saw a corresponding expansion of its token accessibility via several high profile exchange listings. Some of the major exchanges CUDOS is currently tradeable on include: Kucoin, Bittrex Global, Ascendex, and Liquid. The expanded access enabled by these listings have contributed to the network’s recent explosive growth, and the Huobi listing marks a significant acceleration of that trend. CUDOS listing on Huobi details: Scheduled listing time: March 30, 2022, at 14:00 UTC. Trading Pairs: CUDOS/USDT. Further information on the Cudos network development can be found in the network’s weekly developer updates. You can also follow the Cudos social media communities to stay informed on the latest announcements about the network’s readiness for its mainnet release, strategic partnerships, and other initiatives.   Support Cudos The final phase of the Cudos incentivised testnet remains open to developers who can take on some of the outstanding tasks and stand a chance of earning rewards. In addition, the network is working toward its mainnet launch in the coming months with an ever-growing community.   About Huobi Huobi Group, a world-leading blockchain company, was founded in 2013 to make breakthroughs in core blockchain technology and further the integration of blockchain technology with other industries. Huobi Group has expanded its products and services to public blockchains, digital asset trading, wallets, mining pools, proprietary investments, project incubation, digital asset research, and more. Huobi Group has established a global digital ecosystem by investing in over 60 upstream and downstream companies across the blockchain industry. For more: Website, Twitter, LinkedIn, Telegram About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. For more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Dream VR Chooses To Build On Cudos To Design An All-In-One Metaverse

    Decentralised blockchain Cudos has announced a new partnership with Dream VR, uniting the network's powerful compute infrastructure with Dream VR's vast and innovative metaverse, an industry expected to reach a $1 TN market cap. The partnership recognises the growing importance of collaborative effort within the emerging GameFi and metaverse sectors. It will bring unique photo-realistic destinations to users in Dream Life Virtual Real Life Metaverse, a spectacular metaverse created by Dream VR. User experience in these immersive spaces will encompass E-sports, entertainment, concerts, fashion, decentralised real-estate and NFTs to enable users to purchase properties in Dream Life metaverse.  In Dream Life we can find Burning Mars metaverse club, created and designed for 10,000 members where the unimaginable is possible. Its 10,000 owners will govern it under a (DAO), decentralised autonomous organisation, with 101 craters with 100 plots each, totalling an astronomical 10,100 plots, making it the most exclusive international virtual exhibition of art, culture, music, and entertainment. Each member will own a plot where they’re free to create and develop an experience, performance, sculpture, monument, or any kind of art they wish. Owners will be able to market their NFTs creation in the marketplace.  "This is an exciting development that brings together the key elements of our network in an integrative way to support real-world solutions. Dream VR's unique vision blends virtual reality with a sense of adventure. Their expertise can rely on our ecosystem to bring excitement to users through virtual reality, NFTs, and more, wherever they may be. On a second layer, our near-limitless compute resources can provide a backbone for their expansive metaverse", said Nuno Pereira, vice president of partnerships at Cudos.  Dream VR Dream VR will build this all-encompassing metaverse on the Cudos blockchain, which incorporates thousands of distributed compute nodes on a vast global network. This setup enables faster compute and storage capacities sufficient to meet the demands of the metaverse, with the Cudos layer 1 blockchain supporting millions of micro transactions daily. There is a recognition of the computational challenges of supporting expansive VR applications. The severe limitations of the current compute infrastructure offered by hyper-scale cloud service providers offer the perfect opportunity for a decentralised alternative, and this is where Cudos comes in. As a result of the collaboration, the Cudos community will receive a unique offering of AstroBeast NFTs, enabling the purchase of plots of land in Burning Mars, a Mars-themed metaverse within DreamLife. Albert Palay, founder and CEO of Dream VR, commented on the partnership, saying, "as the ultimate 360º and VR interactive experience platform, we are revolutionising travel, music, sports & entertainment by acting as pioneers of real-life metaverse experiences and immersive NFTs. As a multi-platform, multi-device global platform, we sought a cloud and blockchain partner that can deliver cloud computing in a reliable, decentralised and sustainable way. That's why we are super excited to partner with Cudos and join forces as we expand our ecosystems and delight our users." Cudos’ expanding ecosystem This alliance is the latest in a series of strategic partnerships formed by Cudos in the last several months. The decentralised cloud computing network recently revealed plans to expand its community with 10,000,000 people following a groundbreaking collaboration with Tingo announced in November.  Moreover, thanks to an alliance with Shopping.io, CUDOS holders can use their tokens to pay for Amazon and eBay goods in 11 global markets. More recently, the decentralised cloud computing network strengthened its network of validators with a Cosmostation partnership. Countdown to mainnet The partnership coincides with the run-up to the mainnet launch of the Cudos network scheduled for March 2022. The hotly anticipated event comes following a highly successful Testnet phase (dubbed Project Artemis), which attracted over 20,000 developers and will conclude its fourth and final phase soon. Get involved As the testnet nears completion, this could be the last chance to get involved before the mainnet goes live later in the month. Here are the tasks. Dive in!  And please remember to: Join the Cudos’ Discord server  Join the Cudos’ Telegram community  Buy CUDOS tokens  Become a Cudos ambassador. For token holders If you already have bought your CUDOS tokens, make the most of them by staking them on Cudos’ platform. About Dream VR Dream VR is a leading platform for virtual reality experiences and 360 immersive content. Using proprietary software Dream VR is able to produce 360 content with techniques developed over 10 years of experience. The platform is available on all mobile devices, tablets and computers; on Smart TV, and Apple TV; and virtual reality devices such as Oculus and Pico, among others. The highly developed, patented technologies gives Dream VR a unique model for ground-breaking 360 VR content, leading the way for a new era of cutting edge blockchain technology, immersive NFTs, and its own metaverse; Dream Life. Learn more: Website, LinkedIn, Instagram, Facebook, YouTube, Twitter About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs to create fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cudos And BlockBeam Partner To Launch The Next Generation Of Green Tech Talent

    Decentralized cloud computing provider Cudos is partnering with BlockBeam, to educate the next wave of blockchain talent on the value and impact of decentralized computing.  BlockBeam has developed a program, Gateway to Algorand, to educate university students on blockchain sustainability applications, the business value of these innovations, and the positive climate impact generated.  The program's goal is to develop standout business-side blockchain candidates and accelerate the adoption of blockchain sustainability and climate resiliency applications. During the Gateway to Algorand, participants will learn about companies revolutionizing climate impact investment, air quality monitoring, sustainable computing, and more.  Cudos fit within this innovative program is perfect with sustainability a core of the company's mission. Cudos decentralized computing model will prevent the need for hyper-scale data centres and allow for the utilization of idle computing power – much of which may otherwise find its way into the environmentally damaging tide of e-waste. Along with this, Cudos enables passive crypto earning opportunities that will be highly significant for communities worldwide.  "BlockBeam is excited to partner with Cudos, which is pioneering the decentralized cloud computing model and generating positive climate impact with this innovation," Drew Cousin, BlockBeam co-founder commented.  "We will create enormous value for talent with the Gateway to Algorand and future collaboration opportunities are endless," Bennett Thompson, BlockBeam co-founder added. "Ultimately, the winner is hiring companies who will be able to efficiently source talent armed with an understanding of these innovative technologies and how to apply them in business."  “Cudos team members will assist with Gateway to Algorand learning materials development, education, and provide valuable mentorship as candidates launch into blockchain," added Pete Hill, VP of Sales, Cudos. The first program kicks off on March 8th, 2022 and features 37 students from 18 different worldwide universities. Student’s universities include U.S. based schools Arizona State University, University at Albany SUNY, Northeastern University, Syracuse University, William Jessup University, Tufts University, Bentley University, The Ohio State University, Wake Forest University. Wellesley College, Babson College, Boston College, Smith College, and University of Florida. Non-U.S based universities represented include Wilfrid Laurier University in Ontario, Canada, University of Westminster in London, England, and Peking University in Beijing, China. The program will expand throughout the year to launch more business leaders with the ability to apply blockchain to solve problems negatively affecting the climate. Additionally, the program is structured to serve as an early-stage launchpad for university entrepreneurs who aim to launch new blockchain-powered sustainability applications. The BlockBeam team projects sourcing students from over 50 worldwide universities by year-end. If you are interested in applying to the Gateway to Algorand, join BlockBeam’s discord or follow the company on twitter or LinkedIn to stay up to date on when program applications open. About BlockBeam BlockBeam creates and operates programs to launch talent into blockchain and fintech. Each program focuses on illustrating the applicability and business value of emerging technologies with the potential to reshape the world. The company will be launching more partnered programs throughout 2022 as well as a sponsor funded summer programs to develop Web3 technical and business side talent. The company will soon debut a platform for companies to efficiently source leading-edge talent. Learn more: Website, Twitter, Instagram, LinkedIn, Discord, Medium, Twitch About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3.0, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs to create fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

About Cudos

CUDOS price prediction

  • The highest Cudos price prediction in 2021 is $0.067
  • The lowest expected Cudos price is $0.046
  • Analysts' Cudos price prediction ranges from $0.050 to $0.067

Cudos is a decentralized network combing both blockchain and cloud services on one platform. Cudos helps developers and cloud service consumers connect with suppliers and monetize their computing resources. Cudos’s computing platform does not require knowledge of coding. It is a user-friendly, scalable service. Loyal members of the community have an opportunity to earn more than $600,000 per month. 

Latest Cudos news

Cudos Technical Analysis

Currently, Cudos is ranked #501 on Coinmarketcap with a market cap of $98,419,765.
On Coingecko Cudos is ranked #521. 

Cudos can be traded on the following platforms: UniSwap, KuCoin, Gate.io, etc. 

  • Cryptocurrency Name: Cudos
  • Ticker Symbol: CUDOS
  • CUDOS Price: $0.045
  • Market cap: $98,419,765
  • All-time high: $0.129565
  • All-time low: $0.01958696 

What is Cudos?

Cudos represents a decentralized computing network providing both blockchain and cloud services for its clients. The Cudos ecosystem is: 

  • a trusted network built on the Tendermint protocol
  • compatible with EVM and Wasm
  • interoperable
  • transaction and gas fees are 10 times lower than on the PoW network 
  • scalable network
  • offers fast speed and high-performance ability
  • a secure cloud, computing service 

Cudos’s main objective is to offer a scalable solution connection both on and off-chain consumers to the network. This is done by using smart contracts and APIs.

The Cudos network was conceived in 2016 by the UK award-winning entrepreneur Mathew  Hawkins.

The Cudos is secured via the Proof of Stake algorithm. The network has a circulating supply of 250 million tokens at the moment of writing. 

Cudos Price Prediction: Analysts' Price Forecasts 

CUDOS Price Prediction 2022

We have gathered the latest CUDOS price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.

Trading Beasts has set the following targets for CUDOS in 2022: an average of $0.014, a maximum of $0.018, and a minimum of $0.012. Based on the provided data, purchasing CUDOS might be a good long-term investment.

PricePrediction.net has come out with a positive price prediction for CUDOS: an average of $0.013, and a minimum of $0.013 is what holders could be anticipating in 2022.

Wallet Investor is prominent that CUDOS prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.002, with a potential maximum of $0.001, and a minimum of $0.001.

CUDOS Price Prediction 2023

Similarly, Trading Beasts indicates an average of $0.022, a maximum of $0.027, and a minimum of $0.018 for CUDOS.

Based on the information provided by key indicators, PricePrediction.net believes that CUDOS prices could grow next year. The website forecasts the following prices for CUDOS: an average of $0.019, a maximum of $0.022, and a minimum of $0.018.

According to Wallet Investor, CUDOS prices are estimated to show negative downtrend signs in 2023, reaching an average of $0.001, with an expected maximum of $0, and a minimum of $0.001.

CUDOS Price Prediction 2024

Trading Beasts expects a continuous positive trend for CUDOS throughout 2024. The prices are likely to range between a maximum of $0.033 and a minimum of $0.022, with the average price reaching $0.026.

PricePrediction.net has set an average of $0.028, a maximum of $0.032 and a minimum of $0.027 for CUDOS in two years, therefore predicting value growth for the token.

As for 2024, Wallet Investor is bearish on CUDOS. Investors should watch out for a potential average of $0.003. The website also indicates a maximum of $0.001 and a minimum of $0.002 in two years.

CUDOS Price Prediction 2025

Trading Beasts is also indicating an increase in CUDOS prices, starting from the minimum of $0.025 and reaching as much as $0.037. The expected average price is $0.03.

Furthermore, PricePrediction.net is seemingly enthusiastic about CUDOS prices in 2024. The website forecasts that the price may go up to as much as $0.046. The expected average price is set at the $0.04 level, whereas the expected minimum price is $0.039.

In 2025 Wallet Investor views CUDOS negatively. According to the website algorithm, the expected average price is $0.01, with potential maximum and minimum prices reaching $0.007 and $0.003 respectively.

CUDOS Price Prediction 2030

Trading Beasts predicts that the bullish trend will remain strong for CUDOS in 2030. Investors could be expecting an average of $0.032. The maximum and minimum prices might hit $0.036 and $0.027 respectively.

Last but not least, based on the sentiment from PricePrediction.net, CUDOS prices will continue to grow in the long run, with the average price reaching the $0.29 level. The expected maximum price is $0.32 and the potential minimum is $0.28.

According to the long-term forecast from Wallet Investor, CUDOS has bad investment potential. The prices could reach $0.007 on average, whereas the maximum price could go up to as much as $0.007, and the minimum price could hit the $0.006 point.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.

FAQ

Is CUDOS a good investment?

According to the experts' forecasts, CUDOS will be a good investment.

Does CUDOS Have Potential?

The CUDOS is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since CUDOS forecast is positive, It has potential.

How much will CUDOS be worth in 2022?

In 2022 the price of CUDOS is expected to reach $0.015, based on the forecasting from various sources.

How much will CUDOS be worth in 2023?

In 2023 the price of CUDOS is expected to reach $0.022, based on the forecasting from various sources.

How much will CUDOS be worth in 2024?

In 2024 the price of CUDOS is expected to reach $0.032, based on the forecasting from various sources.

How much will CUDOS be worth in 2025?

In 2025 the price of CUDOS is expected to reach $0.046, based on the forecasting from various sources.

How much will CUDOS be worth in 2030?

In 2030 the price of CUDOS is expected to reach $0.32, based on the forecasting from various sources.